- MY JOURNEY - BY -HÅVARD NOTØY-

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1 - MY JOURNEY - BY -HÅVARD NOTØY-

2 Our location Silicon Valley Statement: This small region on the north west coast in Norway, influences the global maritime industry similar as the Silicon Valley has influenced the global tech industry, for decades. Fisheries in some of the most harsh environments on the planet, has been the foundation for todays advanced ship designs and equipment's used in the maritime industry world wide today.

3 Fostech Introduction Fostech AS was established October, 2015 by Founder and CEO Håvard Notøy Håvard Notøy has a strong maritime background from Rolls-Royce Marine and Havyard Group. Link to Havards LinkedIN profile. Office locations in Fosnavaag and Aalesund Sales Rep`s in Stavanger and Harstad Among the first in Norway to build on the Microsoft Hololens Turnover 2016/2017: 0,8 Mill NOK 1,8 Mill NOK 6 full time employees 4 part time workers 3 professional board members Currently seeking a capital expansion in the range of 12 million NOK Our business Idea In times where the maritime industry are pushing towards autonomy vessels, and therefore reducing onboard crew presence, the remaining crew need to be able to cover a wider range of equipment. This will require a higher level or a different type of product documentation. Statement: Current market size for the 2023 VR, AR and MR (global delivery of hardware and software) is in the range of bn USD VR and AR is currently one of the fastest growing industries globally. Invests billion amounts into new IT investment: "Pokémon technology" is going to revolutionize the work place After three years of a comprehensive efficiency program, Statoil boss believes his new IT initiative can help the company to become even more efficient, increase security and get more stable production. Link to E24 News Article Statoil-sjef Eldar Sætre Fostech develops augmented/ mixed reality solutions which adds value for our maritime customers. By adding value we mean improve quality, safety productivity or in any other way improve the customer profit.

4 Products & Route to Market 3 rd Party Products Customer Projects Own Products Mixed Reality Technology Definition: Microsoft HoloLens is the first self-contained, holographic computer, enabling you to engage with your digital content and interact with holograms in the world around you. XXX CAD directly to Hololens SSS Air Compressors Fostech RTC Realtime video/audio comm. Håvard Notøy Founder & CEO YYY NNN Fostech Crane EDUCATION Holographic Overlay Offshore Crane Theoretical education ZZZ NNHH Fostech Fire Emergency Measuring Device Propulsion Systems Evacuation Sim/Training The Maritime APP Store (for mixed reality solutions) Customers (Shipping Companies)

5 But the journey started much earlier School Shipyard My Home Headlines: 7 years old.problems going to school 15 years old what should I become? 17 years old start working at shipyard 25 years old became yard supervisor 26 years old joined Rolls-Royce Marine 36 years old joined Havyard Group ASA 43 years old started my own company

6 The Fostech journey.so far Established October 2015 Worked 50% for Havyard Group ASA the first 12 months. Employed the first employee in May Continued to work as IT consultant until June This enabled employee no. 3. Since June 2017, full focus on developing Fostech to what it is today. Currently 6 employees. Instrumental partners: I met Robert Voldnes at HoppID late He and his colleagues in HoppID/ ÅKP has been very important for our journey so far. hoppid.no ÅKP (aakp.no) Blue Ocean Innovation Centre NMK2 (the facilities) Innovation Norway Sparebanken Møre Entrepreneur Network The importance of having access to a network as listed above, is the difference between success and failure. I am 100% sure that if we would not have been part of this network, Fostech would not have been in the position where we are today.

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